1930-06-11 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Vakkarlové Captial -

6.60,000,0.8

Jrued and fully Paid $20,000,00 Boers Pardo to

„O,BACKAY

Someve Liability of Proprietors ............ $20,008,808

HEAD OFFICE: HONG KONG

BOARD OF DIRECTORA:~

J. 2. Plummer. Eeg.

Ohairman..

lion. Mr. C. th. H. Mackia."

Deputy Chalm

.. Itail, Eng.

A. E. Conştan, Kwą.

B. Lander Lewin, Eej.

0.31lekin, K.

Ilum, Mr. J. J. Saturati

T. E. Pearce, Big,

T. II. I. Mhaw, Xm.

J. P. Watean, Esq.

Acting Chief Manager, V. M. Brnybarn, Esq.

BRANCHES:-

LONDON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1855, HEAD OFFICE: LONDON.

Paid-up Capital

£3,000,000

Reserve Fund ..........

.£4,000,000

Reserve Liability of Proprie.

tora

£3,000,000

KUALA LUMPUR

KUCHING

Agencies and Branches:

ALUB STAR

(Malos Hats

ARITHAR

BANUKOK BATAVIA BOMBAY CALOUTTA CANTON CAWNPORR cxnu

COLOMBO

BAIKAN (Delay

Houth Merburis)

DELI!

HALPHONO

RANBURU

HANX W

ADI

HARBIN

ANGKOR

LIONG

(N. Manchuri

Пока кола

BATAVIA

MAGACUA

ILOILO

SOMBAY

MANILA

IPON

STUART (Johere?

KARACHI,

XLANO

MORDEN

HAGABLEI

NEW YORK

PRIFINGA

GALOUTTA

CANTON

XRFOO BOLOMHO

DAIRIN FOLLOW MATPHONU.

SAMBUKO

MANKOW MARPIN

MONGKEW

ILOILO

гон

Jusona

LORN

LOWLOON

EVALA LUMPUR

PENANG

BANGOON

HAIGON

NAN YRANÜIBOU

SHANDILAT

KINGAPUER

BUURABLYA

KUNDI PATANI

TIKYTHIN TOKYO

THINOTAJ YOKOHAMA

in Locs! Ouersdo

Criquito ted for an -7 ye

sah Pized po

stories perioda in oral Carey and Starlios

Mi viloh will be quoted, an applieskon Fun Rung, bet April, kus).

HONG KONG SAVINGS BANK.

The Business of the store Dank is conduct.

ed by the HONU K AND BHANGIAT BANKING CORPORATION.

abtclose to application.

FOR THE HONG KONG WANKING CORPORATION.

by mony -

• SIANOUA!

V. M. URAYBURN,

Acting Chief Manager.

kg 159, 17th March, bebu,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NEDERLANDE TRADING BOPLATI) BANKKBS.

Ertabilah 1824. Kasa Mong Union:-11 Qusin's, Hood Casheet Authorised Capital - Guilders 115,000,000- ($2,000,000, Tuld-Up Chystal Guitars B000,000

140,460,887.) Resorts Yuca ---............ Qulldara 40,000,000

(£3,133,668.)

Bond (AMSTERDAM”). Eastern Head OS:-BATAVIA.' BRAXONES:-Bandje Budos) Bombay.

Calcutta, Charlion, Bramber. Die (skarts') 'the Hague'), Vedd

Kate Badia, Maesar, Medan, Pakang Falembang Pekalongan, Pesc Popisek, Kangoon, herdam), Bamatang)

Hanghal Bibolg fumatra, Slagspore, Posrabala, Loeraterin itolo). Tapet, Tiliatio and Welterendað.")

Iker effose karo sala diposit bazee so let. Landen Benkais:-Nailosa Prprizaial Bank Ltd.

Gerespondant all over the world

Banking business of every

ption tramaasbed.

Hong Kong. 16 April, 19

A. STOKKINE,

Act. Manages.

BANQUE DE L'INDO - CHINÉ.

HEAD OFFICE:

96, Boulevard Haussman, Paris. Subscribed Capital Fra. 72,090,000.00 Paid-up Capital ... Fra. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00

BRANCHES: Bangkok Hong

Kong Quinhon

Saigon Battambang Hua

Shanghai

Canthe

Mongtze

די

Canton Nam-Dinh Singapore.

Djibouti Neumea

Fort-Bayard Papests

Halphong

Thanhea

Tiantain Peking Torrane Hankow Pnon-Penh Vinh

Pondicherry Yunnanfu BANKERS:

Kanoi

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So ciete Generalė,

IN LONDON: The National Pro Fincial Union Bank of England,

KOBE

KUALA KANOBAN

Perak (P.M.8.}

MADRAS

MANILA

MEDAN

NEW YORK

РИКІНО PENANG PENITA WAR RANGOON

SAIGON

NEMARANG AKREMBAN

HITANGHAI

SINGAPORE

ROU BABAYA

TAIPING

(P.M.8.3

TAVUY

TIENTSIN

TOKTO

TOMOKAH (Bhakery

TOINGTAD

TOROBAMA ZAMBOANGL

(Philippine dandos

Foreign Exchange and Genera! Banking business transacted.

Current Accounts opened and Fix ed Deposits received for 1 year or which will shorter periods at rates be quoted on application ..

A. H. FERGUSON,

Manager. Hong Kong, tu January, 1929,

THE HO HONG BANK, LTD. (Established 1917.)

Authorised Issued

CAPITAL.

Paki-PLiabilities

Reserve

of Shareholders Surplus

U.S. TARIFF BILL

President Will Heed Protests.

FORD ON VISIT.

COMMERCE

AND

FINANCE

Washington, June 5. Possibility that President Hoover will veto the Hawley-Smoot tariff bill loomed in Washington to-day.

Butcher Meat.

WAĢES REDUCTION. Beat Sirloin

German Scheme to Bring

Down Prices.

RUHR COAL INDUSTRY.

Berlin, Yesterday, The first step for bringing down prices by reducing wages has been taken by the Minister of Labour, Herr Stegerwald, who, on the re- quest of employers, has declared an obligatory award in favour of the West German Iron and Steel Group, which the Trade Unions rejected.

*

Prime Cut

Corned

Boast...

Breast

Soap

Steak

...

Steak Birlon

Skasagan ******

Bullock's Brains ....

Tongus, fresh

Bump, Balt

A

Tongue, corned

JA

Head

Heart

11

M

P

Feet

#

Kidneys

Tail

P

Liver

Tripe

4

豆腐腐

2111·

WEDNESDAY, JUNE 11, 1930.

THE CHINA MAIL.

HONG KONG MARKET

PRODUCE.

APPROXIMATE RETAIL PRICES.

牛牛

粑 冉出朐出拆梯股废脚案;心情脚疑尾肝肚脚骨牌手势腦剪什蜕心厌肝骨脾

June 5, June, June,

1930..1918. 1914.

Cts. Ct. Cla.

Chicken...

Capons, Sma II

Poultry.

RA SMMER #IKUARSA

知缐元鸡班典藝本鵝白火火沙山

June 6, June, June,

1080, 1918, 1914 Cts. Ct. Cte

G8

62

55

36

Eggs, Han (cooking)..

新鮮雞蛋

each 25

Der doz. 35

Fowls, Canton ...............**** lb. Fowl, Hainan

Pigeons, Canton

Holhow

Turkeys, Cock Turkeys, Han

海南翔

៩ន១៩៨ | ឌ៩៩៩ ||

[] **NARSex88 12 | !1!

$0

58

34 24

**

48

52

cách là

40

76

64

cách 18

pair

cách là

Jb. 20 24 12

30

28

11

23 12

Capons, Large

30

1

22

27

"

20 18

Duck Doves

24

20 18

M

90 .24 22

Eggs, Hen (fresh)

**

44

36

"

20

por sot 15

12

Goane

each 85

60

+

» $1.40

-$1.20

1b.

24

14

30

18

Salpe

each 12

12

Pheasant

"

16 26

12

22

Quail Partridges

lb. 24 13 14

++

10

7

set $1.20 $1.00 $1,00

Fruits.

Ib.

38

30

Almenda

"

*

€ 1.

80

35

30

++

Apples (California)

28

金山洋码

30

24

30

Per set 8

Bananas (brida's)

Carambola

燕山香菇

5.

10

*#

桃

*

lb.

16

Coconata ...

each 13

10

28

18

'Lemons, China

#

18

# lb.

14

30

each

15

10

Lemon (American)

ench 11

13

A

Lichees, Dried

荔枝干红 35

lb.

40

24

Oranges (Canton)

新會甜糕

26

H

35

23

"P

$6

Oranges.

"1

40

**

70

Pears (Canton)

#

21

I

Peanuts

per set 80

#

13

70

Persimmons, Large

each -10

7

AC

#

15

10

Plantain

*

#

T

40

26

Pamelo, Slam

...... A E

the-each 25 '12

0

1h.

25

22

Walnuts

20

18

#

#

lb.

18

16

"

Mutton

Sausages

鮮羊油

18

28

26

Grapes

30

20

牛仔服

28

No. 1

#

11

32

Vegetables, &c.

Fish.

#

The reduction amounts to seven and eight per cent, and industrialists have undertaken to reduce the sale price of their products by the same percentage, equivalent to a reduction of three or four marks per ton in the prices of iron,

บ

Calver Head & Feet Mutton Chop

Qualified observers professed to see indications that the President will heed the protests of 40 coun- tries against the high schedules of the tariff measure and that he will be guided by the warnings of the Democrats that the "Republicans should pray against the Hawley- Smoot bill becoming law before the November congressional elections." Within the last 24 hours the White House has inspired press It is learned that the Ruhr coal dispatches declaring that the Pre-industry is contemplating sident will carefully study the similar price reduction policy on

with an Hawley-Smoot measure

condition that the miners' wages open mind. Previously it had been

are simultaneously reduced. It la a general revival of Straits $20,000,000 considered certain that President hoped that

8,000,000 Hoover would sign the bill, so

industry at home and abroad will re- 4,000,000 ardently sponsored by administra-sult from this policy.

tion leaders. 4,000,000

Ford Hoover's Guest, 2,626,000

Observers regard as significant noted the fact that Henry Ford automobile and airplane manufac- turer of Detroit, left the White House to-day after being an over- night guest of President Hoover.

The Committee members of the Ford is recognized as being one of Chinese General Chamber of Com- the foremost opponents of the

merce held a meeting yesterday Hawley-Smoot measure, which has afternoon with a view to protest- Sucking Pigs, to order been debated in congress for welling against the Government's in- Snet, Heat

**

HEAD OFFICE: SINGAPORE. Branches, Agencies and Correspon- dents in the principal elties of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager. Hong Kong, 15th May, 1930.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imper[a]

Charter, 1899.

Central Bank in 'n Bank-Norse inued Assess amount Yes. 1,000,000

BRANCHES AND AGENCIES

Yokobama, Kobe, sk.

JAPAN

FOBLOGA

Takso, Tamaul, Tom, Bailey Taika.

Karl Karolo. Eselung,

Werong, Naat, Bobike, Trichs, Talsan,

over a year.

IN CAMERA.

Chinese Chamber and Taxation.

14

14

Leg Shoulder

Saddle

A

Pig's Chitlings

Breina

30

F71

Feet Fry

Head

+

Heart

H

Kidneys

Livor

2

Pork Chop

tf

Leg

Loin

11

Fat or Lard

Sheep's Head & Fest

Heart

M

Kidneys ...

Liver

tention to increase taxation. The

[4

The White House is being de luged with warnings from all parts of the country that, if the Hawley-

Mr Chan Heung-pak, Secro- Smoot bill becomes law America'stary, informed the meeting that export trade will suffer severely: the Chamber had received letters

meeting was presided over by Mr. Veal Li Yik-mui.

#

It is asserted that so heavily will of complaint from various Chinese Barbel the American consuming public betrade associations voicing opposi-Bream

by the taxed

high protective measure that at the polls in Novem-tion to the Government's inten- Canton Fresh Water ber votes of protest will be cast tion to increase taxation on ac-

OHINA, Rankow, moj. opshow.gainst congressmen supporting count of the proposed increased Carp

Swatow, Canion.

Borabaya.

OTHERS: sed and signed by the President,

Batuacao.

London, Kay Tori, Dairen.

LONDON BANKERJ

The London Only Wellmater and Parr'a Bank,

Capel Commercial Cantes ihroughout the world.

KNAQURA

Manager.

personal emoluments to Govern- Catfish

the Hawley-Smoot bill if it is passment servants. The letters stated Codfish

Hoover's Attitude Walted.

that the Chinese General Cham-Crabs

While speculation was rife in her of Commerce, being the repre-Cuttle Fist Washington to-day as to what at-sentative commercial institution of the Chinese community, should take action to lodge a protest or Fish with the Government on behalf of

The Bank bse Correspondate to titude President Hoover will take toward the Hawley-Smoot tariff bill both the house and the senate acted to delay final action on it somewhat.

RONG LONG BRANCH:

1. Ese Your Band Central Hong Kong. 19th January, 1902.

THE BANK OF CANTON, LTD.

Established 1912.

Kead Office: Hong Kong.

Actoria Calal (H.K, Currents! ...$1,000,000 Paid Up Captai 605,000 Mr Fund........ 1,800,000 ВЛАНСНЕЯ-

Canden. Ebsarial, Hack B, Bangkok, New York nad Sea Fraze,

LONDON BANKERS Į

The Lord's Bank Limited

CORDESPONDENTS"

In til principal chiles of the World.

Farsige huge and banking business of every description transed,

Bate Deposit Box raciones) si a yearly mania'ad from $5 to $40.

LOOK POONG SHAN,

Chief Manager. Hong Kong, 14tth May, 1930.

THE BANK OF CHINA. 行銀國中

Reorganised October 20, 1923, under

Ltd.; Comptole National d'Escompte special charter of The National Gov-

de Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor poration; Guaranty Trust Co. of New York.

Interest allowed on Current Ac- scunts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. **

Bafe Depoalt Boxes to lat.

A. LECOT,

Manager.

Hong Kong, 1st May, 1920,

.....!

ernment as an

BANK Subscribed Capital Paid-Up Capital Reserve Funds

Both houses of congress sont a number of items contained in the tariff measure back to conference. They asked that certain questions be clarified and that several diff- culties be eliminated.

Chinese interests.

The Secretary read several letters which referred to the un- precedented trade depression in the Colony consequent on the low exchange value of the dollar.

Dace

Eels, Conger

11

#

後凼

團脚心屡肝猪油浊路

排後雅

Fish!

Fresh Water

Yellow

Frogs Garoupa Gudgeon Herring

The Chairmah invited the mem- bers of the Committee to express Halibut It is not believed that the latest their opinion, but a member sug-Labrus trip of the tariff bhi back to con- gested that the meeting should Loach ference will greatly impede final be held in camera to afford a bet- Lobsters congressional action on the Haw-ter opportunity to those present Mackerel ley-Smoot measure before the pre- to express their opinions freely. Monk Fish sent session of congress adjourns on June 14.1

Mr. Chau Yue-teng also sug-Mullet gested that henceforth all Com-Oysters mittee meetings of the Chamber Parrot Fish

be held in camera:

to

Repercussions in France.

Paris, June 6. Further repercussions America's efforts to pass the high import duty schedules of the long- pending Hawley-Smoot tariff bill were felt in France 'to-day.

The National Association for Economic Expression of France to- day decided to formally protest against plans to enact the Hawley- Smoot measure into law.

This was agreed to.

PRICE LEVELS.

Perch Pike Plaice

Pomfret, White

Pomfret, Black

Prawns Ray, Rock Fish Roach Kalmon

..

Views of Sir Josiah Stamp.

"I have said quite seriously on a number of occasions that the pro-

Shark

Skate

Shrimps

Snapper Solen

Tench

Tarbok

axe.

"With business men there is still a sneaking feeling that references

The announcement of the a880-blem of the price level is the most ciation's action contained a sug- important single problem of our INTERNATIONAL EXCHANGE

gestion that the United States need ....$25,000,000.00 not be surprised if France resorts

$24,710,200.00 to protective measures.

Already France has increased .$ 3,820,503.82

American the import duty on automobiles entering this country. She is warring against American films.-United motion picture Press.

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches in THE INDUSTRIAL & COMMERCIAL

China and large connections in the Important commercial centres of the world, we are able to extend to our

· THE YOKOHAMA SPECIE BANK, | clients special facilities for domestic

LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reservo Fund........Yen 111,500,000

Head Office-YOKOHAMA,

Branches and Agencies at:

Nagoya Newchwang New York

Alexandria Batavia Bombay Buenon Ayres (Temporary

(aloned);

Calzetta

Canton

Changekuw

Osaka Peking Bangoon Elo de Janeiro Shigon

Datron" (Dalny) Ban Francisco

Yongtian (Mukdea) Seattle

Bamburg

·Honolulu'

Beinareng

Finbow

Shangha

Harbin

Shimonose

Roar Lor

Singapore

Boarabaya

Bydney

Tientsin

Tokyo

Talnanin

Vladivostock

**Iden

Karachi

Kobe

London

Los Angeles Lyans

Later allowed

Dapovita recrivé at rates to be cht

orirliy

and foreign banking and orchange.

We also handle the issue of Bonds! and other Public Funds of the Chin- eso Government both at home and abroad.

SHOU J. CHEN,

Manager. Hong Kong, 6th March, 1930,

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFIOR

18, On church Siesel, London, & ca Asthorised Capital ..£8,000,000 Bubscribed Capital 1,800,000 Paid-up Capital

1,060,000 Reserve Fund and Rest 1,840,500 MAT LAURA BAKERRA ADİN

The Beak of, England &* Midland Dank, Ladi

Kew York:

Bombay j Kartala antennen levels (Mnceritian) Calcutta Kota Bharu "Hangoso

· Colisenho‘o Reale Hestanti Bhanghal

Ре

| CRINGE F)- Kans Largine Fil Blogipas (

Hong Kong Kildalen (chhang) Baribaya..

| Howrah

MMAD HONG KONG BRAKCHIG

Avalon of Banking

ang

| Ernvallers-Cheeges -issued, chithra

coTrustee and Executorshipa under-

DTETzarahkan burial Ahok Wind Tupenda na Butter, that may be serialized onapplication.ENTEROP, THOROUGOOD,

A DI que serActing · Manager.

sed/periodi

BANK, LIMITED.

HEAD OFFICE: 12-14, Queen's Road, Central,

Hour Trong

Shanghai,

BRANCHES:

Hankow, Canton, Kongmoon. CORRESPONDENTS

In all principal cities of the world. Every description of Banking and Exchange business tramacted. offer prompt and personal service,

TIENMU K. LIN,

We

a想

B

DE

尾肚 冰 魚魚魚魚 魚 沙魚粛班白甲花魚魚魚魚魚芒魚鈎公魚鮪魚 KQÏNTS URS' ESEKEEPER ER SSOERRIGENDITAEKHORN 公班

A

魚魚 海

п

OIL PRICES.

Stabilisation May Come.

1b.

H

to

#

33 3388388 875 888286 ¿ 86°E ̃÷×××× 8 * * * * 8893 2 7 9 9 8 68

41

**88*8*288 | F&RR&¤~ 888 12989283188-888811

18 24

20

#

*.

4.

花

梨生柿柿桃子

Artichokes

Beans, Sprout

Lonz

Beet Root Bitter Squash Brinjals, Green

Red ....

Cabbage, Chiness ....

(Shanghai)

Cane Shoota, buzch

Cauliflower (Large).. Ab

(Medium) PEA

香

竹类子頭瓜瓜瓜菜來笋花花花笋來干椒椒料瓜光 米來蟠路 覶鸿菜薯仔仔瓜仔來照來菇西和菜

Crven

Curry Stuff, English.. CH

Cucumbers

Ginger, Young

Old

Horseradish, Shanghai Indian Corn

Water Chestnuts

Kushrooms, Fresh

Okroes

Onions, Bombay

Green

Lettuce

**

|

36

སྐྱུ ཡུ ཆུ ཀྵུ ཆུ à འྡོ | ༞ t ྤ ༅ |

ཤྰཧྨ༤༤༤ ླབg | | |ཋསྐྱུཆསྟྲ||

30

16

25

13

12 10

5

each 12

lb.

IT

"

each

255655850 | | 1866

-

2

7

8

24

12

6

6

5

10

6

25

5

++

10

20

12

8

2

7

10

8

8

"

9/13--

13 16

"

16 27

12 D

P

"

16 17

23 26

16 27

"

23

16

(Small)

20

Carrots

--10

8

Celery, Chinese

继奥

16

Chillies, Dried

辣椒:

10

8

Red

1

#1

72 26 30

#

32 25

40

30

22

18

Garlic

13

23

18 15

32 13

22 24

82 21

20

20

12 2

Mandarin.

12

38. 12

2

14

↑

15

10

20

15

洋葱

8

J

16. 0

1+

€

26

29

Shanghai

0

36 30

Pardley

芽

榮

25

60

8

аб

46

Potato, Sweet

· វ 3

10

14

#

Japanese

日本薯仔

4 3

24

10 14

American

金山興仔

18

18

Pumpkin

Б

22 10

5

86 30

12

24

B 10

干葱頭

10

10 10

Spinach

8

$2

20

14

4

Tomatoes

28

28

4

TETOR

22

28

*

6

20

BG

8

18 12

8 0

40

#

1.00

Radish

Rhubarb (Fresh)

Shallots

Turnips, Panti (Long)

Vegetable Marrow....## Water Cress

Water Lily Roos....

0 15

UNCLAIMED TELEGRAMS.

THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.

finite problem. Although Soviet access to British markets has been fixed by agreement and her local consumption has noticeably in- ereased, production gains far out- strip the possibilities of domestic Hence it is feared absorption.

The following unclaimed tele- that within a few years the aur-grams are lying at the E. E plus of the Soviets will be thrown Telegraph Co. office, Hong Kong on the world markets.

Afifi, c/o Wardley, from Manila. Buttress, from Harpenden. Mias Chan Wal-ying, care of ex-Wul Loong, 19, Wellington Street,

to the price level or index numTurtles, small, fr. water bers are academic and, highbrow, not practical or immediate. They move unfamiliarly amongst its | contentions and feel uneasy

compared with the sureness with which they discuss comparative | manufacturing coats or a fair wage, or sixpence off the inecme tax. When they listen to any close analysis of its problema," they

San Francisco, June 7. claim. curiously enough to be

The long-awaited stabilization exempt from the necessity of of world oil prices based on Ameri- understanding it, because they, aro can export quotations, and further

China, greatest of all potential essentially "practical". And yot it partitioning of world markets is Is the most bitterly practical of all predicted here as an early result

consumers of petroleum products questions.

of quiet negotiations reportedly is expected by Pacific coast "Quite as good business can be proceeding batween the leading porters to be the grand prize in first floor, from Singapore.. done on one price level as on a British, American and Dutch oil the

partitioning conferences. Yat Koo, No. 43, Caine Road, level twice the height, provided it companies.

However, with British, Dutch and 2nd floor, from Macao, is a stable lovel and all the factors

Meybacher, from London, These negotiations are under- American interests in full agree-

S. LACK, have been fairly adjusted to that stood to be an outgrowth of the ment it is freely predicted here

Superintendent leval. It is the transition from one recent settlement of differences that Russia can be brought into a to the other, without an oven or between Standard Oll of New York: general agreement for petroleum

Hong Kong, June 5, 1980. proportionate, change in all the and Royal Dutch Shell over prices peace without greatly disturbing factors, that works the mischief.

of refined products in the Dutch the Aelatie trade.-United Press. That the true underlying causes East Indies. $10,000,000 of many of our social troubles

American over-production with 5,000,000 should be laid bare is essential in 1,750,000 the interests of clear dealing with resultant price wars of the last BRANCHES AND AGENCIES:-— public issues, and public opinion year have unsettled world markets, Batavia Melbourne Ban Franciscs should be moulded by the truth.

caused heavy losses in some areas Bombay Nagasaki Beattle.

and made world parity essential to the money To clent away Calcutta New York Bimarang.

a generally profitable trade. illusions the first necessity of thinking to-day on social ques Now with Royal Dutch Shell tions-Sir Josiah Stamp. In the agreeing to support the California Spectator, of London, November U, and other American crude oil pro $1928.22

duction programmes and marketing, the next move is an understanding The value of building permits with Soviet Russia, according to lasued by 61 cities in Canada for western refiners the first three months of this year while Uttle difficulty is expe was $29,970,281, of which ed in extending the East Indie $18,852,640 was accounted for a rangement to of the month of March.

General Manager. THE BANK OF EAST ASIA, LTD. HEAD OFFICE; HONG KONG. 10, Des Voeux Road Central, Hong Kear.

Authorised Capital Pald-Up Capital

| Canton Osaka Singapore

Haiphong Parla Bourabaya!! Honolulu - Peipingeti Sydney 500 Kabe

Pening Kewison" - Rangoon) Tientsin 0 London Baigon Tokyo Bianlia Shanghal

Correspondents in cities of the world.

All princips.

Every description of Erinking and Exchange business transacted. Loan granted or approved securities, i

SAFE DEPOSIT BOXES to lat..

KAN TONG PO

KAILAN MINING.

THE GREAT NORTHERN TELEGRAPH CO., LTD., OF DENMARK

The total output of the Kaflan The following unclaimed tele- Mining Administration's mines for grams are lying at the office of the the week ending May 24, 1980 Great Northern Telegraph' - Com... · amounted to 115,960 tons, and the pany (Limited) of Denmark:-

Peninsular. Arthur Proarley, sales during the period to 111,106

from Tientsin.

tona,

Over $26,500,000 in to be spent on hydro-electric development in north-eastern Ontario, With the completion of the now plants and transmission lines, electric power Will be supplied to a large number mining and agricultural

Yee, from Seattle, Wan, China, from Amoy. Huang, Happy Valley, from Amoy,

Judgment, from Chefoo, Tuccache, from London. PE V JESSEN,

EcSuperintendent Hong Kong June 4, 1980,